, February 13, 2018 ) The North America Dairy Processing Equipment Market
was worth $1.62 billion in 2016 and estimated to be growing at a CAGR of 4.8%, to reach $2.05 billion by 2021. North America region market is fueled by quick urbanization, augmented disposable income, and the occurrence & modernization of cold chain amenities such as cooled transport & storage.
Milk is processed by utilizing dairy processing equipment to develop dairy products, such as processed milk, cream, cheese, milk powder, and protein concentrates. The beginning of processed dairy products has unlocked up new ways such as off-farm jobs such as transportation, collection, processing and marketing.
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Dairy processing equipment market is observing growth due to several factors such as dairy farmers attaining more milk per cow, dairy processers growing their output, and the increase in demand for dairy products. This growth is due to the accessibility of diverse dairy products that appeal to consumers. High cost of processing and equipment’s is posing a threat to the market.
North America market for Dairy Processing Equipment is segmented by type into Pasteurizer, Homogenizers, Separators, Evaporators & Dryers, Membrane Filtration Equipment and Other Equipment. On the basis of application the dairy processing equipment market is bifurcated into Processed Milk, Cream, Milk Powders, Cheese and Protein Concentrates. Based on process technology the market is divided into Direct Heating, Microfiltration, Deep-Bed Filtration, Indirect Heating and Bacteria-Removing Separation. Protein concentrate is the highest shareholding segment due to increasing consciousness among people regarding nutritious diet.
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Geographically the market is segmented into USA and Canada. USA is the largest consumer base and hence leads the dairy processing equipment market. Canada is the second largest market in this region.
Some of the major players in dairy processing equipment market include Reliable Milking Systems Inc., Automated Dairy Systems, DCI Inc., Dairy Creations Inc., Robert Reiser & Co. Inc., Agrometal Ltd., Kimaco Inc., Marlen Research Corp., Stephen Machinary Corp., Alfa Laval Inc., Indian Dairy Equipment Co., A&B Process Systems Corp., Scherjon Dairy Equipment Holland B.V., Ivarson Inc., Genemco Inc., Admix Inc., SSP Pvt Ltd., Feldmeier Equipment Inc., Tetra Pak International S.A. and Western Dairy Research Inc.
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The North America Dairy processing equipment Market study offers the following deliverables:
• North America, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the North America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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